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Randall Stephenson of AT&T Made $27 Million in 2010 |
The CEO of AT&T makes $25M+ dollars per year. Is this because of good business practices as some conservatives might call it or unfair advantages on competition? Randall made a modest salary of $1,533,333 in 2010 while also taking home an additional $25 million in stock bonuses and "other" compensation according to Forbes. Not only is this compensation outrageous but AT&T shareholders were paid out $10 billion dollars in dividends in 2010. Sounds like a huge ponzi scheme to me or a house of cards that needs to be knocked down for the sake of consumers and all Americans.
Ralph de la Vega the CEO of AT&T Wireless which is a wholly owned subsidiary made $11 million dollars in 2010. I am all for big businesses exercising their right to compete in the marketplace but you have to ask yourself is their enough competition?
AT&T is the top donor to Congress is paying just about every influential politician on Capital Hill and has a massively
corrupt union. Here are the full details of Randall Stephenson's CEO compensation.
Salary | $1,533,333.00 |
Bonus | $0.00 |
Restricted stock awards | $12,749,977.00 |
All other compensation | $417,410.00 |
Option awards $ | $494,731.00 |
Non-equity incentive plan compensation | $5,050,000.00 |
Change in pension value and nonqualified deferred compensation earnings | $7,096,177.00 |
Total Compensation | $27,341,628.00 |